As the rest of the world continues to struggle with rising in inflation and economic issues, their governments will raise taxes to try to reduce financial concerns. Australia is not at red alert levels yet regarding debt. It is bad, but nowhere near the rest of the world. Eventually, the big corporations will be investing in politically and economically safe areas with reasonable tax levels, to maximise their profits.Plenty of cash will be coming the way of Aussie miners in the coming years. Aussie miners will be enjoying a dream decade ahead IMO. I am starting to invest in a lot of ASX listed resource companies right now. It is the prime time imo.
Iron ore price, page-42452
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